Does Legalization Reduce Black Market Activity? Evidence from a Global Ivory Experiment and Elephant Poaching Data
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Black markets are estimated to represent a fifth of global economic activity, but their response to policy is poorly understood because participants systematically hide their actions. It is widely hypothesized that relaxing trade bans in illegal goods allows legal supplies to competitively displace
黑市（Black markets）据估算约占全球经济活动的五分之一，但其对政策的响应机制尚未得到充分认知，因参与者会系统性地隐瞒自身交易行为。学界普遍假设，放宽违禁商品的贸易禁令可使合法供给以竞争优势取代
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美国国家经济研究局创建时间：
2016-06-01
